Futures funds are bound by the bank-to-bank agreement signed with banks, and the funds are supervised by banks, CSRC, China Margin Monitoring Center and other parties. The margin account of the futures company is dedicated and cannot be used for other purposes, so the customer's funds are 100% safe.
Allow futures companies to close down. Article 29 of the Measures for the Administration of Futures Companies stipulates that if a futures company closes down, it shall submit the following application materials to the China Securities Regulatory Commission: 1. Suspension of application; 2. Resolution document on suspension of business; 3 customer deposits and other assets handling and futures trading settlement report; 4. Other materials specified by China Securities Regulatory Commission. Article 30 stipulates that if a futures company is dissolved or bankrupt, it shall first properly handle the clients' deposits and other assets and settle the futures business.
Therefore, even if the futures company goes bankrupt, it is still necessary to return the customer's margin and other assets first.